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Suppeose Ifo 065, then what is the exponential smoothing forecast for pogo sticks in period 7?...
Given the following data, use exponential smoothing (α=0.2) to develop a demand forecast. Assume the forecast...
Given the following data, use exponential smoothing (α=0.2) to develop a demand forecast. Assume the forecast for the initial period is 5. Period Demand 4 5 7 913 8 The exponential smoothing forecast is (round your responses to two decimal places): Period 3 刄 7 Forecast 5.00
An analyst is using exponential smoothing to forecast the daily demand for a key product. The...
An analyst is using exponential smoothing to forecast the daily demand for a key product. The analyst starts with a naive forecast for time period 2, then begins using exponential smoothing with a smoothing constant of 0.15. The table below shows some of the calculations. period actual forecast 1 125 2 136 125 3 144 126.65 4 157 129.25 5 181 ? What is the predicted demand for time period 5? Round your answer to two decimal places. Period Actual...
Using exponential smoothing with α = 0.2, if the forecast for Period 5 was 270 and...
Using exponential smoothing with α = 0.2, if the forecast for Period 5 was 270 and the actual for Period 5 was 250, what is your forecast for Period 6? Round your answer to one decimal place.
Given the period 1's demand of 62 and forecast of 65, what is the exponential smoothing...
Given the period 1's demand of 62 and forecast of 65, what is the exponential smoothing forecast with an alpha 0.4 for the period 2? Select one: Оа. 63.8 ob. 66.2 О с 66.8 o o Оe. 60.8
The ollowing 12 periods of actual demand are to be used to produce a double exponential smoothin forecast or period 13. Use a smoothing constant α e 10 se 70 as the inna al to orecast values ll Click...
The ollowing 12 periods of actual demand are to be used to produce a double exponential smoothin forecast or period 13. Use a smoothing constant α e 10 se 70 as the inna al to orecast values ll Click the icon to view the demand for the previous 12 periods Complete the table below for a double exponential smoothing forecast (enter your responses rounded to one decimal place). More Info Period at FD(DES) 64 Period 35 70 41 64 35...
Using the data below, what is the simple exponential smoothing forecast for the 3rd week where...
Using the data below, what is the simple exponential smoothing forecast for the 3rd week where a=0.3? Week Time Series Value 2.00 8.00 6.00 3.00 Submit Answer format: Number: Round to: 1 decimal places Based on the data below for chocolate demand per week and using the naive forecasting method, how much you should order for 5th week? Week Time Series Value 15.00 14.00 23.00 6.00 Submit Answer format: Number: Round to: O decimal places.
Using the data below, what is the simple exponential smoothing forecast for the 4th week where...
Using the data below, what is the simple exponential smoothing forecast for the 4th week where a=0.4? Week Time Series Value 6.00 4.00 3.00 Submit Answer format: Number: Round to: 1 decimal places. Using the data below, what is the value of MSE? Month Actuals Forecast 4.00 8.00 4.00 5.00 Submit Answer format: Number: Round to: 2 decimal places.
Two experienced managers at Wilson Boat Inc. are resisting the introduction of a computerized exponential smoothing...
Two experienced managers at Wilson Boat Inc. are resisting the introduction of a computerized exponential smoothing system, claiming that their judgmental forecasts are much better than any computer could do. Their past record of predictions is as follows: Week Actual Demand Manager's Forecast 1 3,800 4,400 2 4,100 4,800 3 4,300 3,700 4 3,100 3,800 5 3,900 3,500 6 4,500 3,500 7 5,700 4,900 8 4,000 4,700 9 4,500 3,500 10 4,900 5,400 How would the manager’s forecast compare to...
i. Find the forecast for week 13. ii. Now obtain the exponential smoothing forecast for the...
i. Find the forecast for week 13.
ii. Now obtain the exponential smoothing forecast for the
weeks.
A convenience store recently started to carry a new brand of soft drink. Management is interested in estimating future sales volume to determine whether it should continue to carry the new brand or replace it with another brand. The following table provides the number of cans sold per week. Use both the trend projection with regression and the exponential smoothing (let a =...
Exponential smoothing with w = 0.70 has been used to calculate forecast values F based on...
Exponential smoothing with w = 0.70 has been used to calculate forecast values F based on the actual demand data Y. Time Period Y F 1 119.5 123.4 2 121.5 120.67 3 122.6 121.251 What is the mean absolute deviation (MAD) of the forecasts? Round to two decimal places.
Given the following data, use exponential smoothing (α=0.2) to develop a demand forecast. Assume the forecast for the initial period is 5. Period Demand 4 5 7 913 8 The exponential smoothing forecast is (round your responses to two decimal places): Period 3 刄 7 Forecast 5.00
Given the period 1's demand of 62 and forecast of 65, what is the exponential smoothing forecast with an alpha 0.4 for the period 2? Select one: Оа. 63.8 ob. 66.2 О с 66.8 o o Оe. 60.8
The ollowing 12 periods of actual demand are to be used to produce a double exponential smoothin forecast or period 13. Use a smoothing constant α e 10 se 70 as the inna al to orecast values ll Click the icon to view the demand for the previous 12 periods Complete the table below for a double exponential smoothing forecast (enter your responses rounded to one decimal place). More Info Period at FD(DES) 64 Period 35 70 41 64 35...
Using the data below, what is the simple exponential smoothing forecast for the 3rd week where a=0.3? Week Time Series Value 2.00 8.00 6.00 3.00 Submit Answer format: Number: Round to: 1 decimal places Based on the data below for chocolate demand per week and using the naive forecasting method, how much you should order for 5th week? Week Time Series Value 15.00 14.00 23.00 6.00 Submit Answer format: Number: Round to: O decimal places.
Using the data below, what is the simple exponential smoothing forecast for the 4th week where a=0.4? Week Time Series Value 6.00 4.00 3.00 Submit Answer format: Number: Round to: 1 decimal places. Using the data below, what is the value of MSE? Month Actuals Forecast 4.00 8.00 4.00 5.00 Submit Answer format: Number: Round to: 2 decimal places.
i. Find the forecast for week 13.
ii. Now obtain the exponential smoothing forecast for the
weeks.
A convenience store recently started to carry a new brand of soft drink. Management is interested in estimating future sales volume to determine whether it should continue to carry the new brand or replace it with another brand. The following table provides the number of cans sold per week. Use both the trend projection with regression and the exponential smoothing (let a =...
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